Innovation

Innovation articles

12 01, 2023

“As long as my failing project keeps going, I won’t be a failure”

By |2023-01-12T17:20:09+01:00January 12th, 2023|Innovation|0 Comments

Is it better to have grit, or know when to quit? A few weeks ago I was listen to an excellent episode of the Innovation Show podcast, with guest Annie Duke. It was about her new book "Quit: The Power of Knowing When to Walk Away", and there was one topic they spoke about which [...]

13 12, 2022

Top 5: How to plan your 2023 innovation activities and events for maximum success

By |2022-12-13T20:26:15+01:00December 13th, 2022|Innovation|0 Comments

Hi there, With 2022 almost behind us, a lot of companies and teams are planning their next steps for 2023. This is especially true for venture and innovation teams, who let's face it, many of whom had a very tough 2022. With the global economy stalling and fear of an upcoming recession, many companies have [...]

28 11, 2022

Balancing your innovation portfolio: Does the 70-20-10 rule still apply?

By |2022-11-28T19:12:15+01:00November 28th, 2022|Innovation|0 Comments

How much of your innovation budget and innovation efforts should focus on improving your existing business, and how much should seek to explore and transform your business for the future? This is one of the fundamental strategic questions which every business leader needs to consider. One of the best ways to assess what proportions your [...]

21 11, 2022

Why Facebook needed to let go of 13% of their workforce

By |2022-11-21T20:19:29+01:00November 21st, 2022|Innovation|0 Comments

While the massive layoffs at meta are terrible, it sadly shows one of the major issues that companies struggle with when they try to grow and innovate too quickly ... facebook tried a huge number of innovation projects which failed. But this was not the problem. As I read in a wonderful WIRED article: Remember [...]

7 11, 2022

L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

By |2022-11-10T15:59:38+01:00November 7th, 2022|Innovation|0 Comments

This new management method makes it nearly impossible for innovation teams to fail at delivering multiple challenging innovation projects faster, with less risk and lower required budgets. Most innovation experts often say that traditional management processes are not the way to run innovation projects. And this is true. Traditional project management and financial management processes [...]

28 10, 2022

Opportunity cost

By |2022-10-28T09:36:10+02:00October 28th, 2022|Innovation|0 Comments

Every choice you make comes with trade-offs. This is especially true when it comes to strategic decisions around innovation. If you choose to spend your time, focus, effort and money developing one idea or innovation, it means you cannot spend those same resources on other ideas. Therefore, you must give up the opportunity to do [...]

25 10, 2022

The ladder of “No”

By |2022-10-25T15:55:16+02:00October 25th, 2022|Innovation|0 Comments

As companies grow, it is inevitable that more hierarchies will be created. This is because after a certain size, it is essentially impossible to keep track of the relationships between everyone and what everyone is working on. Contrary to popular belief, hierarchy is not always a negative. In fact, as Start-ups grow, they will eventually [...]

21 10, 2022

Scientific Management, Taylorism and how employees are prevented from innovating

By |2022-10-25T15:22:18+02:00October 21st, 2022|Innovation|0 Comments

The Harvard Business Review's Podcast "HBR Ideacast" has recently started a series on four business ideas which changed the world. I already told you about their excellent episode on Disruptive Innovation. Today I want to highlight another great episode on a topic I learned a lot more about: Taylorism. What is Taylorism? In 1878, a [...]

17 10, 2022

HBR Podcast on Disruptive Innovation

By |2022-10-17T21:37:02+02:00October 17th, 2022|Innovation|0 Comments

Do you know what disruptive innovation is? No, I am not talking about every start-up trying to disrupt their industry. I am talking about the original theory of disruptive innovation, as outlined by Professor Clayton Christensen in his groundbreaking Harvard Business Review article in 1995. This was the theory which described how small upstart companies [...]

5 09, 2022

Sometimes, flat hierarchies can hurt innovation in Start-ups

By |2022-09-04T18:00:17+02:00September 5th, 2022|Innovation|0 Comments

It is common to hear Start-ups talk about the desire to keep hierarchies "flat". This means they do not want multiple layers of management, bureaucracy and red tape getting in the way of people actually doing their most innovative work. Instead, in a flat organisation everyone is more or less on the same level and [...]